Lose 70% frm this Bornoil. Consider go goreng counter to cover loses.. No point wait here.. Only Monitor after PP complete. P&L do talking.
Conservative Projection: *DNEX + SILTERRA future revenue RM969mil *Profit RM183mil *PE20 easily >RM1.50 (Current Tech PE?) Long Term Stock. Its very high risk.
Don't get conned for 2nd time.. Highest >0.80 and continue to drop low. While they continue to sweep all shares swallow company. NTA far more valuable. Useless company. Plz remind & remind here so that their plan never work until give us back the true value of Market Cap versus entitled NTA!.. Xxx this abc company.
Always the case. When market sentiment is negative and price dropped to all times low, all scare to go in. Actually it is the best time to buy and make handsome profit but need courage.
Bornoil is burning money at this rate. F&B likely incurred heavy losses due to MCO and likely will be extended. Mines standstill, still got to pay wages and leases. Heavy machinery continue to depreciate. Gold price still considerably high, but not high enough to push the stock. Macquire Bank continue investint mining companies in anticipation of gold, silver, ore what ever precious metals, will shoot up in near future. US just approved massive infrastructure stimulus package. Meaning demand more metals would be high. Price would shoot up high due to shortage. People more reluctant to work now causing massive shortage. So inflation would be here to stay.
signal coming.... when company sbb at 0.045 bornoil drop to 0.04..... when sbb 0.04, share drop to 0.035..... now sbb at 0.035, signal coming.....0.03 soon....
This counter not as bad as those mtronic mtouche xidelang etc etc
Do they have SBB? To the extent company holds more than 7% in treasury shares? Company directors use their own money own a large portion of shares? Hap Seng affiliated entity as substantial shareholder? Net cash company with valuable tangible assets in land and mines? A visible fast food business? Gold Mines waiting to give gold? And best giler Sabasco Chilli Sauce!!!
Problem is with the massive share issued. 7.5B. they continue to put shares into treasury, but then they issued more shares. Mining stocks around the world already gained a lot since the covid. Bornoil still in the "making". Question would be whether gold price will continue to rise or correction is ahead? With so much uncertainty, I feel gold would on the uptrend till year end. Sabasco sauce, probably not something we would see massive demand or revenue. Their fast food, with on going MCO, it's burning cash rather than revenue. When they announced their 1st gold discovery from their new lease land, then it will move the share. When would that be? Nobody knows.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BE_GREEEEEDY
1,832 posts
Posted by BE_GREEEEEDY > 2021-06-22 23:17 | Report Abuse
got to cut your bird liao